Alerts & Notices (Alertas y Avisos)
- ALERT! ALL PHFA log-in web sites will be unavailable from Sunday 6:00 AM August 28th till Sunday 10:00 AM August 28th, 2016, for system upgrades.
- Advisory: PHFA offers free online bill payment to its customers. PHFA is not associated with online bill payment services such as "doxo," which charge customers a service fee for making mortgage payments online.
- Notice - Aug 15: The public comment period for the PHARE/RTT draft amendment has been extended until Oct. 11. Instructions for submitting comments are in the draft amendment (PDF) to the PHARE plan.
Act 137 of 1992
Optional Affordable Housing Funds (formerly known as Act 137 of 1992) allows counties to raise additional revenues to be used for affordable housing needs by increasing the fees charged for the recording of deeds and mortgages. The authorizing legislation requires that these additional funds be expended for projects and programs, approved by the appropriate governing entity of the county, which increase the availability and quality of affordable housing.
Additionally, PHFA believes that this funding source is an important local resource available to local governments to leverage other state, federal and private funds in order to enhance their ability to meet the affordable housing needs of their residents.